QUOTE(popeye3rd @ Jan 13 2015, 05:27 PM)
Hi all,
I've signed my Letter of Employment with Company A and due to join them in few weeks time. As usual, better offer just came and I decided to join Company B instead after serious consideration.
I'm planning to let Company A know that I won't be joining them as soon as possible to avoid further inconvenience to them. I've read the contract throughly for 'breach of contract' terms to avoid any penalty but I couldn't find any. Is there any other terms that I should be wary of? Any advise?
If you have physically joined the company. Story might be a bit different.
As you have mentioned that you are due to join them in a few weeks time, that seem to suggest your not physically in that company yet.
Technically you have a binding contract, but because the company did not suffer any lost or commence paying you any salary, they won't be able to claim your salary as compensation. The worse they can do to you is blacklist you.
There is therefore breach but what is the loss suffered to the company? Other than some minor inconvenience.
It would be a courtesy to inform your employer a heads up this is to mitigate the fall out.